
Cheap Homes for Rent in Lake Park Neighborhood of Milwaukee, WI from $800 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Park area of Milwaukee.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
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1919 N Summit Ave, Unit 5B
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2372 -2374 N Humboldt Blvd, Unit Lower Unit
Check Out Milwaukee’s Best Affordable Neighborhoods
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2222 E Belleview Pl, Unit 101
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1017 E Brady St, Unit 1019A E Brady St - Upper

1409 N Prospect Ave, Unit 104

2943 N Newhall St, Unit Lower
Lake Park, Milwaukee, WI Local Guide

How much does it cost to rent a home in Lake Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lake Park 2 Bedroom Homes for Rent | $1,597 | $1,495 | $1,700 |
Lake Park 3 Bedroom Homes for Rent | $2,044 | $1,499 | $3,300 |
Lake Park 4 Bedroom Homes for Rent | $2,840 | $2,295 | $5,300 |
Lake Park 5 Bedroom Homes for Rent | $3,195 | $3,095 | $3,295 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Lake Park Neighborhood of Milwaukee, WI.
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Lake Park, Milwaukee, WI Local Guide
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Cheapest Available Lake Park Apartments for Rent
 The cheapest available apartment rental in the Lake Park area of Milwaukee, WI is a Studio unit found at Buckingham Apartments priced from $695. 1503-15 E Kane Pl has the second lowest priced unit, which is a Studio apartment currently listed from $745. Here are the most affordable Lake Park apartments for rent in Milwaukee, WI:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Buckingham Apartments | Small Studio | Studio,1BA | $695 |
1503-15 E Kane Pl | South Facing Studio | Studio,1BA | $745 |
1417 N. Prospect Avenue | 1417 Studios | Studio,1BA | $775 |
Best Value Apartments for Rent in Lake Park, WI
As of May 17, 2025 the best value apartment in the Lake Park area is the $1.31 price per square foot 3 Bedroom Model at 2611-2613 N Stowell Ave in the in the Haymarket neighborhood starting from $2,100. The second greatest value Lake Park apartment is the 2728 N Downer Ave Model at 2728 N Downer Ave, Unit Upper Flat starting at $1,996 with a $1.38 price per square foot in the Haymarket neighborhood. Here is today’s list of the best values for Lake Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
2611-2613 N Stowell Ave | 3 Bedroom | 3BR,1.5BA | $1.31 |
2728 N Downer Ave, Unit Upper Flat | 2728 N Downer Ave | 4BR,1BA | $1.38 |
Saxony Manor | Three Bedroom (2129) | 3BR,1BA | $1.42 |
2562 Prospect/Move-in Special | 3 Bedroom | 3BR,2BA | $1.33 |
Oakland Manor | 2 Bedroom 1 Bath | 2BR,1BA | $1.04 |
Summerfield | 1 Bed / 1 Bath + Den | 1BR,1BA | $1.21 |
Belleview Terrace Apartments | 2BD/1BA | 2BR,1BA | $1.11 |
Humboldt Apartments | Two Bedroom | 2BR,1BA | $1.44 |
Oakview Manor | Two Bedroom One Bath-1 | 2BR,1BA | $1.33 |
Maryland Arms Apartments | One Bedroom | 1BR,1BA | $1.42 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Frequently Asked Questions about Lake Park
What type of rentals are currently available in Lake Park?
There are currently 564 Apartments for Rent in Lake Park, WI with pricing that ranges from $549 to $13,610. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Park ranging from $839 to $5,300.
What is the current price range for Rental Homes in Lake Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Park ranges from $839 to $5,300 with an average monthly rent of $2,206.
How much are larger Three and Four Bedroom Rentals in Lake Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Park range from $549 to $13,610, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,499 to $3,300. Four Bedroom Single-Family rentals are also available starting from $2,295 and Four Bedroom Apartments start at $1,850.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Finding The Best Affordable Milwaukee Neighborhoods to Rent
Written by: Tim Brown
I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then just blocks outside the border, many Milwaukee neighborhoods have been home to friends and family for many years.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
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